Calculate Total Assets to Debt Ratio from the following information:
Calculate Total Assets to Debt Ratio from the following information:
Particulars | ₹ |
Total Assets | 15,00,000 |
Total Debts | 12,00,000 |
Creditors | 90,000 |
Bills Payable | 60,000 |
Bank Overdraft | 50,000 |
Outstanding Expenses | 20,000 |
[ Ans.: Total Assets to Debt Ratio = 1.53 : 1.]
Anurag Pathak Changed status to publish August 14, 2023